PT Nippon Indosariindo Tbk (ISX:ROTI) Days Payable : 46.27 (As of Mar. 2024)

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What is PT Nippon Indosariindo Tbk Days Payable?

PT Nippon Indosariindo Tbk's average Accounts Payable for the three months ended in Mar. 2024 was Rp220,147 Mil. PT Nippon Indosariindo Tbk's Cost of Goods Sold for the three months ended in Mar. 2024 was Rp434,151 Mil. Hence, PT Nippon Indosariindo Tbk's Days Payable for the three months ended in Mar. 2024 was 46.27.

The historical rank and industry rank for PT Nippon Indosariindo Tbk's Days Payable or its related term are showing as below:

ISX:ROTI' s Days Payable Range Over the Past 10 Years
Min: 45.19 Med: 49.58 Max: 53.12
Current: 47.22

During the past 13 years, PT Nippon Indosariindo Tbk's highest Days Payable was 53.12. The lowest was 45.19. And the median was 49.58.

ISX:ROTI's Days Payable is ranked better than
51.87% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.76 vs ISX:ROTI: 47.22

PT Nippon Indosariindo Tbk's Days Payable declined from Mar. 2023 (54.25) to Mar. 2024 (46.27). It may suggest that PT Nippon Indosariindo Tbk accelerated paying its suppliers.

PT Nippon Indosariindo Tbk Days Payable Historical Data

The historical data trend for PT Nippon Indosariindo Tbk's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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PT Nippon Indosariindo Tbk Days Payable Chart

PT Nippon Indosariindo Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

49.50

49.03

45.19

46.25

50.01

PT Nippon Indosariindo Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															54.25	50.20	42.52	46.59	46.27

Competitive Comparison of PT Nippon Indosariindo Tbk's Days Payable

For the Packaged Foods subindustry, PT Nippon Indosariindo Tbk's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

PT Nippon Indosariindo Tbk's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Nippon Indosariindo Tbk's Days Payable distribution charts can be found below:

* The bar in red indicates where PT Nippon Indosariindo Tbk's Days Payable falls into.

PT Nippon Indosariindo Tbk Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

PT Nippon Indosariindo Tbk's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (262479.276	+	218628.965)	/	2 )	/	1755607.662	*	365
=	240554.1205					/	1755607.662	*	365
=	50.01

PT Nippon Indosariindo Tbk's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (218628.965	+	221664.286)	/	2 )	/	434150.616	*	365 / 4
=	220146.6255					/	434150.616	*	365 / 4
=	46.27

PT Nippon Indosariindo Tbk Days Payable Related Terms

Thank you for viewing the detailed overview of PT Nippon Indosariindo Tbk's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Nippon Indosariindo Tbk (ISX:ROTI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Nippon Indosari Corpindo Tbk (ISX:ROTI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Selayar Blok A9, Kawasan Industri MM2100, Desa Mekarwangi, Cikarang Barat, Jawa Barat, Bekasi, IDN, 17530

Website

https://www.sariroti.com

PT Nippon Indosari Corpindo Tbk is a packaged foods company. It specializes in producing and distributing bread-based (halal) food items. The company has plants in Bekasi, Pasuruan, Semarang, Medan, Palembang, Makassar, Purwakarta, and Cikande. It has three geographical segments namely Western, Central, and Eastern areas. It derives the majority of revenue from the Central Area. Food products include white bread, sweet bread, and Cake.

PT Nippon Indosariindo Tbk (ISX:ROTI) Headlines

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